New Mountain Finance
NMFC
102 hedge funds and large institutions have $354M invested in New Mountain Finance in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 11 closing their positions.
1,521% more call options, than puts
Call options by funds: $4.04M | Put options by funds: $249K
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
56% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 25
9% more funds holding
Funds holding: 94 → 102 (+8)
9.71% less ownership
Funds ownership: 50.98% → 41.27% (-9.7%)
17% less capital invested
Capital invested by funds: $429M → $354M (-$74.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.01M |
| 2 |
Millennium Management
New York
|
+$1.19M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.16M |
| 4 |
Goldman Sachs
New York
|
+$839K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$3.88M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.67M |
| 3 |
FIG
Fortress Investment Group
New York
|
-$2.17M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.01M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIG
101
Fortress Investment Group
New York
| – | -$2.17M | -150,000 | Closed |
|
|
VIA
102
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$691K | -47,711 | Closed |
|
|
RVPG
103
Relative Value Partners Group
| – | -$481K | -33,181 | Closed |
|
104
Victory Capital Management
San Antonio,
Texas
| – | -$391K | -26,708 | Closed |
|
|
PP
105
PDT Partners
New York
| – | -$236K | -16,304 | Closed |
|
106
Parallax Volatility Advisers
San Francisco,
California
| – | -$61K | -4,214 | Closed |
|
|
BRWM
107
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$59K | -4,100 | Closed |
|
|
SSG
108
Summit Securities Group
New York
| – | -$52K | -3,600 | Closed |
|
109
Axa
Paris,
France
| – | -$30K | -2,100 | Closed |
|
|
JG
110
Jefferies Group
New York
| – | -$13K | -878 | Closed |
|
111
US Bancorp
Minneapolis,
Minnesota
| – | -$8.53K | -586 | -98% |
|
|
MWP
112
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$3K | -240 | Closed |
|
|
BCI
113
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$146 | +10 | New |
|
NMFC Hedge Fund Activity: Q3 2015 in Review
102 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2015, worth a combined $354M — down 17% from $429M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NMFC positions and 11 closed out — a net gain of 9 holders — while 39 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.01M. The largest seller was Lombardia Capital Partners, cutting an estimated $3.88M.
- 102 institutional investors held New Mountain Finance (NMFC) as of Q3 2015, up from 94 in Q2 2015.
- Funds reported $354M of New Mountain Finance stock for Q3 2015, down 17% quarter-over-quarter.
- 20 funds opened new New Mountain Finance positions in Q3 2015 and 11 closed out, a net change of +9 holders.
- The largest New Mountain Finance buyer in Q3 2015 was Wells Fargo, an estimated $6.01M added.
- The largest New Mountain Finance seller in Q3 2015 was Lombardia Capital Partners, an estimated $3.88M sold.
Based on aggregated 13F filings for Q3 2015.